Residential

Island Lake, IL Residential Land & Home Lots for Sale

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Mchenry, IL Holiday Hills, IL Crystal Lake, IL
Residential Land in Island Lake
Updated: Sep 23, 2025
Residential Land in Island Lake

Park Drive lot: 23, Island Lake, IL 60042

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Build your dream home on this vacant lot.
Lot dimensions: 137X60.
Favorable location.
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Land in Prairie Woods Subdivision
Updated: Oct 3, 2023
Land in Prairie Woods Subdivision

244 RED OAK Court lot: 77, Island Lake, IL 60042

$49,900
Great location
Ideal site for a walk‑out basement
Located on a private cul‑de‑sac
Prairie Woods subdivision
McHenry schools
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Island Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land in Port Barrington
Residential Land in Port Barrington

1102 Noble Parkway lot: 1 And 2, Port Barrington, IL 60010

$80,000
0.88 AC lot

Expansive residential land with utilities in a prime neighborhood.

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Vacant Lot with Water View
Vacant Lot with Water View

138 Eastwood Avenue, Port Barrington, IL 60010

$149,000

Vacant lot ready for building with Fox River channel view.

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Residential Land in McHenry, IL
Residential Land in McHenry, IL

411 N Lily Lake Road, Mchenry, IL 60051

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Vacant residential land near parks, schools, and shopping centers.

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McHenry Land Near Griswald Lake
McHenry Land Near Griswald Lake

Dowell Road lot: 7, Mchenry, IL 60050

$45,000
0.95 AC lot

Nearly one-acre wooded lot suitable for single-family home.

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Island Lake, IL Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Island Lake, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $79,800.

Sale prices for home sites in Island Lake, IL start at $29,900, averaging $39,900, and reaching up to $49,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Residential land & home lots 2

Demographics Overview

Population 8,630
Population Growth (5Y) +2.5%
Median Household Income $94,613
College Educated 34.3%

High-Yield Neighborhoods for Investment

Identify Island Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60042 $25K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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